XAUUSD Prediction Today 01-07-2024

XAUUSD Prediction Today

XAUUSD Prediction Today 01-07-2024

XAUUSD Prediction Today

According to my analysis, XAUUSD Prediction Today is Bearish. As you can see in the image given above my indicator has also given a sell signal for Gold.  You can notice that the Gold was showing strongly bullish momentum on Friday. Now this one is the best level where you can take a sell chance. As per my recommendation, 2,326.720 is the best level for the traders for taking sell trade. I am looking for a sell chance on XAUUSD.

Expected Take Profit of Gold/XAUUSD

If you look at the one-hour chart then there was resistance at the level 2,339.877. The market hit this level and we have seen a significant selling momentum in the market. Now I believe the prices are subject to drop further to 230.878. If the price still drops more than this level then the next targeted price can be 2,296.192.

XAUUSD Prediction Today: Bearish

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